Swiss National Bank says coronavirus has increased economic risks
The widening coronavirus outbreak has increased economic risks which would have negative consequences for Switzerland and increase the attraction of the safe-haven franc, the Swiss National Bank said on Friday.
"The coronavirus has increased the economic risks. If the international environment were to deteriorate, this would have consequences for Switzerland as a small, open economy," the central bank said in a statement.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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